Regulatory Analysis
In Maine, with the passage of H.P. 1278/L.D. 2000, certain leases or rentals of tangible personal property (TPP) are now subject to the general 5.5% sales tax rate effective January 1, 2025. Previously, lessors paid tax when purchasing TPP for lease or rental but did not charge tax to their lessees. More information may be […]
Effective January 1, 2025, with the passage of H.P. 1278/L.D.2000, rentals of trucks and vans with a gross vehicle weight rating of less than 26,000 pounds for a period of less than one year in Maine are subject to the general 5.5% sales tax rate, regardless of the person from whom the vehicle was rented. […]
In 2022, a Texas District Court held in Coppell v. Hegar and Round Rock v. Hegar that Texas failed to follow its own requirements in enacting Texas Tax Rule 3.334. In short, the court required the comptroller to re-amend or re-adopt the rule using proper Texas procedures. The Texas Comptroller then fulfilled the procedural requirements […]
Louisiana House Bill 10 of the Louisiana 2024 Third Extraordinary Session includes language to increase the Louisiana state level sales and use tax rate from 4.45% to 5%, effective January 1, 2025. The bill awaits the Governor’s signature. More information can be found here.
Starting January 1, California will increase its 911 surcharge rate from $0.30 to $0.41. More information can be found here.
Michigan PA 14 and 15 in 2023 created a tax exemption on certain firearm safety items from May 2024 through December 31, 2024. Michigan recently published a notice confirming the end of this tax exemption. Beginning January 1, 2025, all firearm safety items will be subject to the standard tax rate in Michigan.
Effective January 1, 2025, the Colorado prepaid wireless charge on retail sales of prepaid wireless telecommunication services will be adjusted to $2.09 for the 911 charge and $0.07 for the 988 charge.
Colorado imposes a $2.23 Daily Vehicle Rental Fee on motor vehicle rentals 30 days or less and certain car sharing rentals. As a part of the total fee amount, a new $3 congestion impact fee has been added as a component of the fee rate. The new total rate for the Colorado Daily Vehicle Rental […]
Massachusetts is providing a 60 day Tax Amnesty Program from November 1, 2024 to December 30, 2024. The Tax Amnesty Program will be open to individual and business taxpayers who meet certain eligibility requirements. Most tax types will be eligible, including sales/use tax. Eligible taxpayers will be able to file delinquent or amended returns, pay […]
The New Jersey Department of Taxation has recently announced that beginning early 2025, Sales and Use Tax filers will utilize a new taxpayer portal to interact with New Jersey’s tax-filing system. The portal will provide direct filing capabilities and increased control over taxpayer accounts.
The Alaska Remote Seller Sales Tax Commission recently announced White Mountain, Alaska has increased their sales tax rate from 1% to 3%. The rate increase will be effective December 1, 2024.
As a part of amendments to the Alaska Remote Seller Uniform Code for ARSSTC member jurisdictions, the 200 transaction threshold for economic nexus will be removed effective January 1, 2025. From such date, a remote seller has economic nexus if their gross sales for products or services delivered in Alaska meets or exceeds one hundred […]
The City and Borough of Sitka Assembly has approved a resolution declaring November 29th & November 30th, 2024, as sales tax free days. This tax holiday applies to all sales made within the City and Borough, except any sale of fuel, alcoholic beverages, tobacco products, marijuana, and any sale which is part of a continuing […]
As a part of the November 2024 election in South Dakota, a citizen-initiated ballot measure (Measure 28) will ask voters whether to eliminate the state’s 4.2% sales and use tax on most food items. The proposed change would still allow sales tax on alcoholic beverages and prepared food. It would also allow local governments to […]
New Jersey recently enacted S-721. This law provides an exemption for the sale of certain investment metal bullion and coins and is effective starting January 1, 2025.
Alabama will exempt honeybees from state sales and use tax starting October 1. The exemption will also apply to honeybee “inputs” and “byproducts”. The exemption will not apply to local taxes, and is set to expire on September 30, 2029.
Alabama will exempt hearing aids from state sales and use tax starting October 1. The exemption will not apply to local taxes, and is set to expire September 30, 2029.
The City of Mekoryuk has completed the process to join the Alaska Remote Sellers Sales Tax Commission (ARSSTC). Sellers must begin collection on 10/1/2024 and forms for filing will be updated to include Mekoryuk on 11/1/2024.